StockWatch
·
Residential- Commercial Projects
Property29 Oct 2026, 04:01 pm

Ashiana Housing Acquires Land for Gurugram Senior Living Project

AI Summary

Ashiana Housing Ltd. has entered into a Joint Development Agreement to develop a Senior Living project on 4.4125 acres of land in Sector 78, Gurugram, Haryana. The project is expected to have a saleable area of approximately 7.25 lakh sq. ft. and a sales potential of INR 1,300 Crores. This strategic acquisition marks a significant expansion for the company in the senior living segment.

Key Highlights

  • Joint Development Agreement signed for Gurugram land.
  • Project to focus on Senior Living development.
  • Saleable area estimated at 7.25 lakh sq. ft.
  • Sales potential projected at INR 1,300 Crores.
  • Acquisition represents strategic expansion.